Fresh and progressive, discover the latest Spring/Summer 2015 runway trends pinpointed by the Trendstop Catwalk team. This week we're focusing on materials, showcasing two essential texture directions from the 40 analysed by our materials trend experts in the Trendstop Materials on the CatwalksFresh and progressive, discover the latest...
27 Oct 2014
Asda, the UK's second largest retailer, is currently facing legal action from thousands of female employees over pay inequality. Thousands of female shop floor staff claim that they are paid less than their male counterparts working in warehouses, despite their jobs being of equal value to Asda. Law firm Leigh Day, which is taking legal action...
Internet service providers are being called upon to help crack down on websites selling counterfeit goods, after Richemont, the owners of luxury brands including Cartier, Montblanc, Van Cleef & Arpels and IWC won a High Court ruling. In what is thought to be the first ruling of its kind, the High Court in the UK has issued that the main five UK...
Google has unveiled the findings of its fourth annual Consumer Barometer that provides insight into how consumers behave online, from their purchasing habits to how many connected devices they own, to the frequency of their internet usage, as well as how much research they do beforebuying online. The free analysis tool is based on data from two...
Russia has launched its own fashion council, similar to the national fashion councils operated in key fashion markets such as the British Fashion Council in the UK and the CFDA in America, to support its future talent. Announced at the Russia Fashion Week, which is held biannually in Moscow, by presidentand co-founder of Mercedes-Benz Fashion...
Victoria Beckham has surpassed a hundred of the most successful men and women in business in the UK in 2014, getting the coveted crown of the top entrepreneur of the year. The singer turned fashion designer holds the No 1 in the list compiled for business magazine ‘Management Today’. The rankings are drawn up by assessing turnover growth and job...
Topshop's most famous customer Beyoncé is taking her appreciation of the British brand a step further: on Friday, the US-american singer has formed the 50-50 joined venture company Parkwood Topshop Athletic Ltd. with the multinational retailer. According to WWD, the first brick-and-mortar and online stores of the new athletic streetwear or...
ANALYSIS_ Sears Holdings Corp has been under the limelight for quite a time, with the American department store chain reportedly shuttering more than 100 stores and laying off at least 5,457 employees in near future. As reported by ‘Seeking Alpha’, Sears might be stepping up store closures. The retailer said inAugust it had closed 96 stores in...
24 Oct 2014
REPORT_ Luxury British label Hackett London reported a 74 percent increase in pre-tax profits, up 6.8 million pounds from 3.9 million pounds for the year to March 31, 2014, as the group continues its ongoing international expansion scheme. Turnover for the menswear brand increased 9.5 percent,to 107 million pounds from 97.7 million pounds thanks...
ANALYSIS_ After feeling the pain of an expected yet still sharp fall in annual underlying profit, Britain's No.2 department store chain confides that a better usage of its store space and less promotions should help it improve profitability this financial year. Chief Executive Officer Michael Sharp said Thursday that management has set more “...
What happens to all the knowledge about the fashion industry when designers, for example, give up the business? – The knowledge is passed on to the next generation of designers of course! FashionUnited wanted to share this knowledge and asked around at German universities to hear fromprofessors who once worked for big labels. We wanted to know...
REPORT_ UK department store group Debenhams has revealed an over 20 percent drop in its annual pre-tax profits for the 52 weeks to 30 August, 2014. The second biggest department chain in the UK reported pre-tax profit of 105.8 million for the group, which is said to be in line with analyst's forecast. Group like-for-likesales increased 1...
23 Oct 2014